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APR 30, 2014 - Yahoo! News

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Strike hits South African exports

South Africa reported a trade deficit of 11.39 billion rand ($1.1 billion) in March, hit by slow exports of mineral products and precious metals amid a strike, official data showed on Wednesday. The South African Revenue Service said exports in March fell by three percent, while imports increased by 11.6 percent. "The decline in exports is not surprising against the backdrop of supply disruptions in the mining sector," said Nedbank economists. Exports of mineral products dropped by 16.7 percent.

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